Sri Lanka has made significant strides in solar power development in 2025, with the launch of several new projects aimed at increasing the country’s renewable energy capacity. These initiatives are part of a broader effort to reduce Sri Lanka’s reliance on fossil fuels and transition to a more sustainable energy system.
Key Projects and Initiatives for Sri Lanka solar power
One of the major projects announced in 2025 is the 50 MW solar power plant in Monaragala. The first phase of the Monaragala solar farm is slated for completion in 2025, which will significantly boost Sri Lanka’s renewable energy capacity (as highlighted in this report on a successful Sri Lanka solar farm). The plant will be equipped with state-of-the-art photovoltaic technology, ensuring high efficiency and reliability.
Another notable project is the 25 MW solar power plant in Ampara. This project is part of a larger effort to develop solar energy infrastructure across the Eastern Province. With an estimated investment of $30 million, the Ampara solar power plant will provide clean energy to thousands of households and businesses in the region.
Investment and Financing in Sri Lanka solar power
The Sri Lankan government has been actively seeking foreign investment to finance these solar power projects. International financial institutions such as the Asian Development Bank (ADB) and the World Bank have expressed interest in supporting these initiatives. Additionally, several private companies have also shown interest in investing in Sri Lanka’s renewable energy sector.
These projects align with Sri Lanka’s goal of generating 70% of its electricity from renewable sources by 2030. The country is also aiming to achieve carbon neutrality by 2050. The development of solar power infrastructure is seen as a crucial step towards achieving these ambitious targets. Furthermore, initiatives such as the India Sri Lanka solar cooperation project, which involves a 150 MW plant, demonstrate collaborative efforts to transform the energy landscape.
Economic and Environmental Impact of Sri Lanka solar power
The expansion of solar power in Sri Lanka is expected to have a significant impact on the country’s economy and environment. By reducing reliance on imported fossil fuels, Sri Lanka can save millions of dollars in energy costs each year. In addition, the development of renewable energy infrastructure will create thousands of jobs, contributing to economic growth and development.
On the environmental front, the shift towards solar power will help reduce greenhouse gas emissions and mitigate the effects of climate change. The solar power plants in Monaragala and Ampara are expected to offset thousands of tons of carbon dioxide emissions each year, contributing to global efforts to combat climate change.
Future Prospects for Sri Lanka solar power
Looking ahead, Sri Lanka is expected to continue its focus on renewable energy development. The government has already announced plans to expand the country’s solar power capacity to 1,000 MW by 2030. This involves the construction of several new solar power plants across the country, as well as the development of solar energy storage systems and smart grid technology. As celebrated by Huawei, Sri Lanka aims to add 1,000 MW of solar electricity to the national grid by 2025.
In addition to solar power, Sri Lanka is also exploring other renewable energy sources such as wind and hydropower. The country has significant potential for wind energy, particularly in the Northern and Eastern provinces. The development of these resources will further diversify Sri Lanka’s energy mix and enhance its energy security.
Overall, the development of solar power in Sri Lanka in 2025 represents a significant step forward in the country’s transition to a sustainable energy system. With continued investment and support from the government and international partners, Sri Lanka is well on its way to becoming a global leader in renewable energy.
